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Showing 1341 - 1350 of 5396 results for "Federal"

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... government, we need to take the steps necessary to prepare for such a pandemic," Prime Minister Scott Morrison said. The Federal Government this morning announced a $17 billion stimulus package focused on wage subsidies for apprentices, cash for SMEs ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
Trump has taken to Twitter once again, this time, to slam the Federal Reserve and its chair Jerome Powell. The tweets follow a tumultuous start to the week for markets, with the Dow Jones, S&P 500 and Nasdaq suffering their worst day in a decade on ...

Florida fraudster swindles investors out of $60 million

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... has now gone into receivership. The SEC has charged Kinetic Group and Williams following the discovery with violating federal securities antifraud laws. "The SEC's complaint also charges Williams, in the alternative, with aiding and abetting Kinetic ...

A man is not a plan: Rice Warner

ELIZA BAVIN  |  MONDAY, 9 MAR 2020
... will $90,000 more in their accounts than women. For International Women's Day, ISA and Women In Super (WIS) called on the federal government to help bridge the super gender gap, including paying super on Commonwealth paid parental leave, abolishing the ...

Chief economist update: A crisis of supply, demand and confidence

BENJAMIN ONG  |  FRIDAY, 6 MAR 2020
... response. Several central banks have already cut interest rates led by the Reserve Bank of Australia and underscored by the US Federal Reserve's inter-meeting 50 basis point rate reduction, quickly followed by the Bank of Canada's half a percentage ...

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
... financial markets hoped the "magnificent seven" would undertake. However, the Reserve Bank of Australia (RBA) and the US Federal Reserve's (Fed) decision to cut interest rates on the same day suggests that a coordinated response is underway. The ...

Aussie at center of international scheme

ELIZA BAVIN  |  TUESDAY, 3 MAR 2020
An Australian has been named by the US Federal Trade Commission (FTC) as being at the center of a massive international business coaching scheme that "swindled" veterans and the elderly out of millions. Matthew Lloyd McPhee ran a scheme known as My ...

IOOF restructures leadership team

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... Lawyers launching action against the firm. The law firm conducted an investigation into misconduct which saw it obtain a Federal Court order for IOOF to produce documents related to the alleged misconduct. "IOOF shareholders have repeatedly seen the ...

Hollywood actor charged by SEC

ELIZA BAVIN  |  FRIDAY, 28 FEB 2020
... may be securities," the SEC said. "The SEC has also advised that, in accordance with the anti-touting provisions of the federal securities laws, any celebrity or other individual who promotes a virtual token or coin that is a security must disclose the ...

Court punishes OTC derivative issuers

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
... account managers to pressure retail investors into purchasing products which lost investors more than $30 million. The Federal Court has found that AGM Markets, OT Markets, and Ozifin Tech engaged in systemic unconscionable conduct while providing derivative ...